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An Economy's Production Possibilities Curve for a Year Is Drawn

Question 126

Multiple Choice

An economy's production possibilities curve for a year is drawn assuming:


A) ​a fixed quantity of resources and technology that is changing along the curve.
B) ​an unchanging level of technology and a changing quantity of resources.
C) ​a fixed quantity of available resources and an unchanging level of technology.
D) ​that the productivity of resources increases continually.

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